Gateway Community Health Centers Inc

Analysis

Gateway Community Health Centers Inc is a registered charity in United States, based in Gatesville, NC. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Gateway Community Health Centers Inc reported income of $2.5m and spending of $2.1m, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $2.5m (+25%), an average of +5.7% a year. The sharpest change came in the year to September 2021, when income rose by 58%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gateway Community Health Centers Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Wall-Las Memorias Project ($2.5m), Saze Community Services Inc ($2.5m) and Whitehall Cap Inc ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $2.0m against liabilities of $298k, net assets of $1.7m. It reported 34 employees.